After announcing its intent to acquire VeenendaalCave, Inc. (VCave) in late May 2015, NELSON, a global architecture, interior design, and consulting services firm, has officially joined operations with the firm ranked number 3 on the Atlanta Business Chronicle’s list of Atlanta’s Top 25 Architectural Firms, Commercial Industrial Design Firms and Owners of Real Estate. The deal has established a “super region” for NELSON in the Southeastern United States, accentuated by the firm’s 100 percent growth over the past 18 months.
The acquisition marks the largest to date with a projected revenue of $12 million and annual growth of 12%. Additionally, the combination will increase NELSON’s teammate count to nearly 600 globally and create NELSON’s largest operation with over 100 teammates in the Atlanta area. It will bring additional services to VCave’s 65 percent of the tenant market in the region.
VCave will operate as VeenendaalCave, Inc., A NELSON Company.
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